Revenue segments as reported by the company.

Homebuilding

Financial Services

Multifamily 

Lennar Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Equity in earnings (loss) from unconsolidated entities, and other gain

Other expense, net

Lennar Other realized and unrealized gain (loss)

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lennar

Lennar Corp. is a homebuilder company which engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding East, Central, Texas, and West, Financial Services, Multifamily, and Lennar Other. The Homebuilding East, Central, Texas, and West segment constructs and sells homes primarily for first-time, move-up, and active adult homebuyers primarily under the Lennar brand name. In addition, the company's homebuilding operations purchase, develop, and sell land to third parties. The Financial Services segment focuses on mortgage financing, title, and closing services for buyers. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes strategic investments in technology companies. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lennar manages market challenges, eyes growth through strategic initiatives

Lennar tackled market challenges with a focus on volume and cash flow.
Strong balance sheet and liquidity position the company well for growth.
Challenges include market volatility, pricing pressures, and supply shortages.
Opportunities lie in optimizing assets, strategic cash management, and proactive risk mitigation.

Lennar reports strong Q2 results, eyes growth through affordability

Lennar's Q2 performance showcased strength in financial services, cost management, and balance sheet improvements.
Challenges include moderating rental rates, supply chain disruptions, and maintaining cash flow amidst reduced owned lots.
Opportunities for growth through strategic partnerships, market share expansion, and capital allocation strategies are key focus areas.
Overall, Lennar's focus on production consistency, affordability, and strategic growth positions it well for future success.

Lennar reports strong Q3 results, eyes community growth opportunities

Lennar's strong Q3 performance reflects increased home starts, sales, and improved margins.
The company's focus on production efficiency, cost reduction, and land acquisitions is driving profitability.
Challenges include managing pricing dynamics and balancing returns versus growth.
Opportunities lie in community count growth, potential Quarterra plans revival, and strategic initiatives for cash flow.

Lennar delivers strong Q4 results, eyes growth through volume

Lennar's Q4 performance showcased growth in home deliveries and a strong financial position. The company's strategic focus on volume and efficiency drives market share gains. Challenges include managing negative leverage and interest rate impacts.

Lennar excels in Q1, addresses affordability challenges with innovation

Lennar's strong performance in Q1 driven by volume and margin improvements
Balanced focus on efficiency, affordability, and financial strength
Challenges include affordability concerns and market volatility
Opportunities lie in innovative housing solutions and strategic financial moves

Lennar Q2 2024: Strong Margins, Asset-Light Strategy Progress

Lennar's Q2 2024 earnings call highlighted strong operational and financial performance, with significant progress in their transition to an asset-light business model. The company is navigating macroeconomic challenges effectively, while strategic initiatives like the land asset spin-off present new growth opportunities. Continued focus on operational efficiency and strategic asset management is expected to sustain Lennar's market leadership.

Lennar reports strong Q3 earnings and growth outlook amidst challenges

Lennar's Q3 performance reflects strong earnings in key segments and a robust cash position, setting a positive tone for future growth.
While facing challenges like housing shortages and margin fluctuations, Lennar's strategic initiatives and market positioning offer opportunities for long-term success.
Efforts to enhance affordability and operational efficiency position Lennar well to navigate market dynamics and drive sustainable growth in the housing sector.

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SG&A

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Free cash flow

Lennar Corp. engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding, Financial Services, Multifamily, and Lennar Other. The Homebuilding segment refers to the construction and sale of single-family attached and detached homes and the purchase, development, and sale of residential land directly and through entities. The Financial Services segment focuses on mortgage financing, title, and closing services for buyers. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes funds, asset management platform, and strategic investments in technology companies. The company was founded in 1954 and is headquartered in Miami, FL.

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While supply chain issues and labor shortages persist for the nation's homebuilders, home buyer demand continues to be robust.

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MIAMI, Oct. 15, 2021 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors increased the authorization for the Company to repurchase its own shares from time to time by up to the lesser of $1 billion in purchase price, or 25 million in shares, of the Company's outstanding Class A or Class B common stock. The repurchase authorization has no expiration date.

Lennar Replenishes Stock Repurchase Authorization, Up to $1.0 Billion

Lennar's (LEN) focus on improvement of the SG&A line along with the resilient housing market is set to drive growth. Yet, rising labor costs and supply-related woes pose a threat.

Lennar (LEN) Stock Rises 31% Year to Date Amid Supply Woes

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PreMarket Prep Stock Of The Day: Lennar

Lennar Corporation (LEN) Management on Q3 2021 Results - Earnings Call Transcript

Benefits from higher pricing and operating leverage, cost control, and a resilient housing market help Lennar (LEN) post better-than-expected fiscal Q3 earnings amid supply chain woes.

Lennar (LEN) Q3 Earnings Top, Revenues Miss, Shares Fall

Lennar Corp (NYSE: LEN) reported third-quarter FY21 sales growth of 18% year-on-year, to $6.94 billion, beating the analyst consensus of $6.86 billion. Homebuilding revenues rose 19% Y/Y.

Lennar Q3 EPS Misses Consensus, Warns On Supply Chain Constraints

Lennar Corp (NYSE: LEN) reported its financial results for the third quarter on Monday that beat Wall Street estimates. Supply chain constraints Shares of the company, however, fell another 3.0% in extended trading after closing the regular session about 3.0% down already, as investors focused on home deliveries that came in weaker than expected due […] The post Lennar Corp shares are trading lower after hours: here's why appeared first on Invezz.

Lennar Corp shares are trading lower after hours: here's why

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Lennar (LEN) delivered earnings and revenue surprises of 0.93% and -4.51%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?

Lennar (LEN) Tops Q3 Earnings Estimates

News from a couple of companies in a key industry could point to a changing tide.

This Yellow Flag Could Be More Important Than the Market's Sell-Off

Shares of Lennar Corp. LEN, -2.94% dropped more than 3% in the extended session Monday after the home builder said its third-quarter earnings were hurt by "unprecedented supply-chain challenges" that are likely to continue "into the foreseeable future." Lennar said it earned $1.4 billion, or $4.52 a share, in the quarter, compared with $666.4 million, or $2.12 a share, in the year-ago period.

Lennar stock falls after home builder misses home-delivery guidance on supply-chain snags

Lennar Corp, the No. 2 U.S. homebuilder, reported a surge in quarterly profit on Monday, boosted by higher demand and rising home prices.

Lennar profit jumps on strong housing demand, higher prices

MIAMI, Sept. 20, 2021 /PRNewswire/ -- Net earnings of $1.4 billion, or $4.52 per diluted share, compared to net earnings of $666.4 million, or $2.12 per diluted share – both up over 100% Net earnings were $1.0 billion, or $3.27 per diluted share, excluding the mark to market gains on the Company's strategic investments Deliveries of 15,199 homes – up 10% New orders of 16,277 homes – up 5%; new orders dollar value of $7.5 billion – up 19% Backlog of 25,819 homes – up 31%; backlog dollar value of $12.0 billion – up 52% Revenues of $6.9 billion – up 18% Homebuilding net margins of $1.3 billion, compared to $826.6 million Gross margin on home sales of 27.3%, compared to 23.1% S,G&A expenses as a % of revenues from home sales of 7.0%, compared to 8.0% Net margin on home sales of 20.3%, compared to 15.1% Financial Services operating earnings of $111.9 million, compared to operating earnings of $135.1 million Multifamily operating loss of $9.4 million, compared to operating loss of $5.1 million Lennar Other operating  earnings of $492.0 million, compared to operating earnings of $8.0 million Homebuilding cash and cash equivalents of $2.6 billion Controlled homesites as a percentage of total owned and controlled homesites increased to 53%, compared to 35% No borrowings under the Company's $2.5 billion revolving credit facility Retired $300 million of homebuilding senior notes due December 2021 Homebuilding debt to total capital of 21.2%, compared to 29.5% Repurchased 2.5 million of Lennar Class A common stock for $246.4 million at an average per share price of $98.53 S&P upgraded the Company to Investment Grade.

Lennar Reports Third Quarter EPS of $4.52

The company is seeing strong growth from housing demand and rising home prices.

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Homebuilding giant Lennar Corporation (NYSE:LEN) will release third quarter earnings after the market closes on Monday, Sept.

Don't Sweat the Pre-Earnings Lennar Stock Dip

Higher deliveries and pricing backed by robust housing market fundamentals are likely to have aided Lennar's (LEN) fiscal Q3 performance.

Lennar (LEN) to Post Q3 Earnings: Higher Pricing Holds Key

TAMPA, Fla., Sept. 16, 2021 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, will release more than 1,000 homes for sale before year-end – offering prospective homebuyers the chance to realize the dream of new-home ownership even in the midst of a tight market.

Lennar To Release More Than 1,000 Homes For Sale By Year End In More Than 70 Tampa Area Communities

MIAMI, Sept. 14, 2021 /PRNewswire/ -- Chris Marlin has stepped down as President of Lennar International LLC after eight years in the role.

Chris Marlin steps down as President of Lennar International LLC

In the latest trading session, Lennar (LEN) closed at $99.74, marking a -0.48% move from the previous day.

Lennar (LEN) Stock Moves -0.48%: What You Should Know

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News for Lennar Stock (LEN)